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RE: Cryptocurrency Mining For Dummies - Lesson 1
can you answer some general questions? i'm in la with fairly expensive electrical costs. is mining any coin going to be profitable for me? when i say profitable, i mean showing a apr of 15% or greater after power and hardware costs. if so, can you point me towards the best rig setup? cheers,
gary
You could go to Whattomine.com and put in your electicity rate and see if any card gives you the return you're looking for. But right now, I would say no. Most coin prices are moving down as Bitcoin moves up. Of course that could all change tomorrow.